Title: |
What's My Interest? |
URL: |
https://www.econedlink.org/resources/whats-my-interest/ |
Content Source: |
EconEdLink
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| Type: |
Lesson/Unit Plan
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Overview: |
In this lesson, students will explore the concept of interest by means of two activities. The first, a simple activity with jellybeans, introduces the concept of interest accruement, and the second, a practical, "real world" activity, reinforces the concept and places it into a larger context. This lesson will help students learn about compound interests and give them real-world practice in making these calculations. |
| Content Standard(s): |
Mathematics
MA2019 (2019)
Grade: 7
| 3. Solve multi-step percent problems in context using proportional reasoning, including simple interest, tax, gratuities, commissions, fees, markups and markdowns, percent increase, and percent decrease.
Alabama Alternate Achievement Standards
| Mathematics
MA2019 (2019)
Grade: 7
Accelerated | 3. Solve multi-step percent problems in context using proportional reasoning, including simple interest, tax, gratuities, commissions, fees, markups and markdowns, percent increase, and percent decrease. [Grade 7, 3] |
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| Tags:
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compound interest, finance, interest, money, percent, principal |
| License Type:
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Custom Permission Type
See Terms: https://www.econedlink.org/terms-of-use/
For full descriptions of license types and a guide to usage, visit :
https://creativecommons.org/licenses
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| Accessibility | Text Resources: Content is organized under headings and subheadings |
| Comments | This resource is free to use. |